The familiar combination of letters and numbers that we currently know as Fund, Area, and Organization – Revenue Source Code/Object Code in CUFS will soon become FOAPAL \’fo-pal\: Fund, Organization, Account, Program, Activity, and Location in Banner. FOAPAL is the acronym representing each element of the new USNH chart of accounts that will be in place once we cut over to Banner. Each of these elements must be assigned to every financial transaction that we process in the new system. FAOs will continue to be used for HUM transactions until Banner HR goes live in July 2002.

Before you panic, you should be aware that crosswalks between the CUFS chart of accounts and the Banner chart are available on the home page of the Project FRESH Web site, http://www.fresh.unh.edu/. These crosswalks will allow you to enter elements of a CUFS FAO and find the corresponding elements of a FOAPAL. In addition, when entering documents into Banner, you will not be required to key in all the elements of each FOAPAL. In many cases, Banner will automatically populate some of the elements. The structure of the new chart of accounts will be covered extensively in the Banner Finance training sessions.

The following table briefly describes the FOAPAL elements:

	Element	Definition	Structure	Example
F	Fund	Indicates the source of money and how it must be used	6 characters	9U0000 (University System E&G)
O	Organization	Departmental entities or budgetary units	6 characters	YCRA10 (Human Resource Office Op)
A	Account	Describes the nature of expenditures, revenues, assets, liabilities, and fund balances	6 characters	711100 (Office supplies)
P	Program	Functional reporting classification for tracking use of funds	3 characters	060 (Institutional Supp)
A	Activity	In certain cases, used to aggregate revenues or expenses across funding sources	6 characters	RECRUI (Recruiting)
L	Location	Identifies physical location of financial activity and fixed assets.	Not in use at go live

To learn more about FOAPALs, including proper coding conventions and comparisons to FAOs, please refer to the Finance Documentation section of the Project FRESH Web site.

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Last Revised: Monday July 26, 2004 11:01:51 AM